Debt Payoff Assistant

I really do love this app and feel that for the price of free, I can’t complain much. It does help me to see how I can pay off debt faster and I do like to see the breakdown of what my balances will be with the snowball method. The only issue I have is that it doesn’t keep up with time. I started using this back in March and the balances don’t keep up even though I mark how much my payments are and interest. So even though we are a few months down the road my balances still look the same. So I have to readjust the payments and basically start over each month. Not a big inconvenience but still could be improved.

I love plugging debt in and seeing my best course of action. It’s great if you only want to snowball bills or have a set payment for all your bills. However it could use a few minor tweaks that would improve it a lot. (1) There is not a way to just pay extra principle towards debt without snowballing the minimum payments from paid off debt. You can do it one bill at a time but that is only functional for the top priority bill. Choosing which bills you want to snowball into or from rather all or none would make a huge difference. (2) I also wish the balances of debts kept up with time. Every time Inwant to add a debt or rethink my plan I have to change all the balances. It still receives 4*s for ease of use, simplicity, and the benefits it does offer. I bought the ad-free version as a tip to the creator. I do not notice many ads with the free version. I would have donated more if allowed.

I was attempting to create my own “snowball” method by applying the payment from a previously paid off debt onto the next one and then carrying that larger payment forward until all of my debts are paid off. I wanted to see the payments spread out in a chart so I can actually see what is happening with my payments. I like that I can choose a custom order of applying the snowball or pay in order of highest balance or interest first. I also like that I can add an extra payment and make the snowball bigger! It is a very simple app but it gets the job done. It gave me a closer end date to what seems like endless student loans!